Tag Archives: XOM

IBM, Exxon Mobil Lifted the DJIA on Wednesday

January 3, 2018: Markets opened higher again Wednesday and have improved on the opening gains throughout the day. Both the S&P 500 and the DJIA posted new intra-day highs. The day’s sector leaders were Energy and technology while telecom and utilities lagged. WTI crude oil for February delivery settled at $61.63 a barrel, up 2.1% for the day and the highest close in three years. February gold added 0.2% on the day to settle at $1,318.50 for a ninth consecutive winning session and the highest close in more than three months. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.44% for the day, the S&P 500 traded up 0.66%, and the Nasdaq Composite traded up 0.84%.

Bitcoin futures for January delivery traded at $14,880, essentially flat, on the CME after opening at $14.900 this morning. Only 685 contracts had been traded in the session and open interest is just 596.

The DJIA stock posting the largest daily percentage gain ahead of the close Wednesday was International Business Machines Corp. (NYSE: IBM) which traded up 2.85% at $158.65. The stock’s 52-week range is $139.13 to $182.79. Volume was about 35% above the daily average of around 4.8 million shares. The company’s stock was raised to Outperform at RBC Capital Markets this morning.

Exxon Mobil Corp. (NYSE: XOM) traded up 2.23% at $86.93. The stock’s 52-week range is $76.05 to $91.15. Volume was about 10% above the daily average of around 9.3 million shares. The company had no specific news.

DowDuPont Inc. (NYSE: DWDP) traded up 1.59% at $73.04. The stock’s 52-week range is $56.76 to $73.85. Volume was about 10% below the daily average of around 7.2 million. The company had no news.

United Technologies Corp. (NYSE: UTX) traded up 1.44% at $130.01. The stock’s 52-week range is $106.85 to $130.20 and the high was posted this afternoon. Volume was about 40% above the daily average of around 2.8 million shares. The company had no news.

Of the Dow stocks, 18 are on track to close higher Wednesday and 12 are set to close lower.
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Depression is one of the insurance agent’s worst enemies.

This painful mental health disorder can affect the underwriting process for life insurance, disability insurance, and many other medically underwritten products.

Researchers at the Behavioral Risk Factor Surveillance System (BRFSS), an arm of the Centers for Disease Control and Prevention (CDC), recently posted a new batch of survey data that shows where depression hits the hardest.

(Related: Simple Medicine)

You can use the BRFSS portal system to see how depression is affecting different types of people in every state in the country. The federal government publishes the data free from copyright restrictions. That means you can extract data yourself and put the numbers in blog posts, social media posts, infographics or even ads.

Top 10 Medical Stocks To Invest In 2018: China Evergrande Group (EGRNF)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    For example, Evergrande Life – a unit of property developer China Evergrande Group (OTC:EGRNF) – saw its premiums increase more than 40-fold in 2016. It used the proceeds to accumulate a significant stake in rival developer China Vanke (OTC:CVKEY) last year.

Top 10 Medical Stocks To Invest In 2018: Care.com, Inc.(CRCM)

Advisors’ Opinion:

  • [By Lisa Levin]

    Shares of Care.com Inc (NYSE: CRCM) got a boost, shooting up 16 percent to $11.01 after the company reported upbeat quarterly results.

    MaxPoint Interactive Inc (NASDAQ: MXPT) shares were also up, gaining 19 percent to $5.44. MaxPoint Interactive reported Q4 earnings of $0.59 per share on revenue of $46.3 million.

Top 10 Medical Stocks To Invest In 2018: KeyCorp(KEY)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    But then there was good news from rail transport company CSX (CSX ) , which saw growth in every one of its business lines. Foot Locker (FL) also surprised to the upside, sending shares up a quick 5.3%. Cramer fave and Action Alerts PLUS holding KeyCorp (KEY) also delivered, as did paint maker Sherwin-Williams (SHW) .

  • [By Craig Jones]

    On CNBC's Fast Money Halftime Report, Jon Najarian said he noticed big options volume in the December weekly, 18 strike calls in KeyCorp (NYSE: KEY). He decided to follow the trade and he is going to hold the position for 1 to 2 days.

  • [By WWW.THESTREET.COM]

    On the show’s “Lightning Round” segment, Jim Cramer was bullish on Penn National Gaming (PENN) , KeyCorp (KEY) and TherapeuticsMD (TXMD) .

    Quiet Breakups

  • [By Ben Levisohn]

    We believe investors should continue to own three types of bank stocks: “Return of Capital (RC) Stocks”, “Risk On (RO) Stocks”, and “Multiple Revaluation (MR) Stocks.” RC stocks include M&T Bank (MTB), PNC Financial Services Group (PNC), and SunTrust Banks (STI); RO stocks include Bank of America, Popular (BPOP), Citigroup, JPMorgan, and KeyCorp (KEY); and MR stocks include BB&T (BBT) and PNC Financial Services Group (PNC).

Top 10 Medical Stocks To Invest In 2018: Mechel OAO(MTL)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Thursday, basic materials shares fell by 1.10 percent. Meanwhile, top losers in the sector included Mechel PAO (ADR) (NYSE: MTL), down 8 percent, and Eagle Materials, Inc. (NYSE: EXP), down 6 percent.

  • [By Lisa Levin]

    Basic materials shares climbed by 2.37 percent in trading on Wednesday. Meanwhile, top gainers in the sector included Handy & Harman Ltd (NYSE: HNH), and Mechel PAO (ADR) (NYSE: MTL).

  • [By Javier Hasse]

    Steel stocks are spiking on Monday afternoon, with AK Steel Holding Corporation (NYSE: AKS) up almost 7.5 percent, United States Steel Corporation (NYSE: X) up about 6.4 percent, Cliffs Natural Resources Inc (NYSE: CLF) up more than 1 percent and Mechel PAO (ADR) (NYSE: MTL) up 16.8 percent. The stocks are not being helped by a few analyst upgrades (although, surely not hurt by them), but seem to be mostly rallying on the back of Donald Trump’s election as president of the United States.

  • [By Shanthi Rexaline]

    Mechel PAO (ADR) (NYSE: MTL) is rallying strongly, rising to a three-year high on roughly 1.7 times its average volume.

    The stock has been on a tear in recent months. After dipping below the $2 level in late April and languishing in the sub-$2 range until August, the stock has nearly tripled in the run up to Monday’s session.

  • [By Lisa Levin]

    Basic materials shares gained around 1.89 percent in trading on Tuesday. Meanwhile, top gainers in the sector included Olympic Steel, Inc. (NASDAQ: ZEUS), and Mechel PAO (ADR) (NYSE: MTL).

Top 10 Medical Stocks To Invest In 2018: Sonoco Products Company(SON)

Advisors’ Opinion:

  • [By Ben Levisohn]

    Deutsche Bank’s Debbie Jones and team contend that Sonoco’s (SON) sale of its plastic-container business to Australia’s Amcor is a sign that M&A is in the offing. They explain why:

    Sonoco announced (9/1) that it is selling its Rigid Plastics Blow Molding operations to Amcor (AMC.AU) for $280M. The transaction price represents a multiple of ~8.0x LTM EBITDA. The business had annual sales of ~$210M and consisted of six production sites in the US and one in Canada. Blow molding operations represented ~10% of Sonocos Consumer Packaging segment sales and EBITDA. The transaction is expected to close in Q4. We expect the proceeds to be used to for M&A focused in flexible packaging, thermoforming and temperature-assured packaging.

    We dont believe Sonoco considered its blow molding operations essential to its growth strategy. This standalone business is also more capital intensive compared to some of its other plastic packaging businesses and SON held a small position in the overall market. Ultimately, the company decided it wants to focus its capital in higher growth platforms. We do not expect the divestment to reduce resin buying scale for Sonoco’s remaining assets given different resin buying. Note that with the divestiture of blow molding and the Canton closures plant (divested in Feb. 2015), this makes the ~$100M reels business the last standalone business in the portfolio, but we do not expect this to be divested in the near-term unless cash is needed for much larger M&A.

    Shares of Sonoco have gained 1.3% to $52.49 at 2:12 p.m. today.

     

Top 10 Medical Stocks To Invest In 2018: Intrepid Potash, Inc(IPI)

Advisors’ Opinion:

  • [By Lisa Levin]

    Monday afternoon, the basic materials shares surged 0.57 percent. Meanwhile, top gainers in the sector included CF Industries Holdings, Inc. (NYSE: CF), up 7 percent, and Intrepid Potash, Inc. (NYSE: IPI), up 7 percent.

  • [By Lisa Levin]

    Friday afternoon, the basic materials sector proved to be a source of strength for the market. Leading the sector was strength from Intrepid Potash, Inc. (NYSE: IPI) and L.B. Foster Co (NASDAQ: FSTR).

  • [By Lisa Levin]

    Wednesday afternoon, basic materials shares gained by 1.74 percent. Meanwhile, top gainers in the sector included Intrepid Potash, Inc. (NYSE: IPI), and L.B. Foster Co (NASDAQ: FSTR).

Top 10 Medical Stocks To Invest In 2018: Exxon Mobil Corporation(XOM)

Advisors’ Opinion:

  • [By Dustin Parrett]

    For comparison, Exxon Mobil Corp. (Nasdaq: XOM) is currently valued at $373.91 billion, making it the largest oil company in the United States. Aramco will be worth more than five times Exxon. In fact, Aramco will be worth more than the top “oil majors” of Exxon, Shell, BP, and Chevron combined.

  • [By Paul Ausick]

    Exxon Mobil Corp. (NYSE: XOM) traded up about 1.23% at $85.77. The stock’s 52-week range is $73.55 to $95.55. Volume was about 15% above the daily average of around 11.1 million shares. The company had no specific news Friday.

  • [By Paul Ausick]

    Shares of Exxon Mobil Corp. (NYSE: XOM) dropped nearly 1% last week, to close down 10% for the year to date and keep its position as the worst performing of the 30 stocks included in the Dow Jones Industrial Average index. The DJIA has posted a gain of 4.2% so far this year.

  • [By Paul Ausick]

    The DJIA stock posting the largest daily percentage loss ahead of the close Thursday was Exxon Mobil Corp. (NYSE: XOM) which traded down about 1.94% at $84.61. The stock’s 52-week range is $72.61 to $95.55. Volume was about 15% above the daily average of around 11 million shares. The company had no specific news.

  • [By Paul Ausick]

    Exxon Mobil Corp. (NYSE: XOM) traded down 1.59% at $81.21. The stock’s 52-week range is $80.76 to $95.55. Volume was about equal to the daily average of around 12 million shares. The company had no news, but the large increase in crude inventories really pounded both Exxon and Chevron this afternoon.

  • [By Craig Jones]

    Alan Knuckman of Bulls-Eye Option shared with the viewers of Bloomberg Markets his bullish trading idea in Exxon Mobil Corporation (NYSE: XOM).

    He said Exxon Mobil traded flat over the last year of trade, while Dow Jones gained 25 percent and he expects it's going to catch up.

Top 10 Medical Stocks To Invest In 2018: TransAlta Renewables Inc. (TRSWF)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    TransAlta Renewables (OTC:TRSWF) (RNW CA) is a good comp, and trades at 12.3x EBITDA. Similar to NYLD, they own renewables as well as a few gas-fired power plants. The yield on RNW is similar to NYLD at 6.0%. The only real difference is that RNW is less levered (mid-3s on a debt/EBITDA basis), but has clearly overpaid for certain assets in order to help the parent (TransAlta Corp. ticker TA in Canada) to delever.

Top 10 Medical Stocks To Invest In 2018: Madrigal Pharmaceuticals, Inc. (MDGL)

Advisors’ Opinion:

  • [By WWW.MONEYSHOW.COM]

    Madrigal (MDGL) has a significant market opportunity to treat NASH. Its MGL-3196 is well positioned as a potential treatment when the illness is at its earliest stages of development, and thereby save the most lives and money.

  • [By Lisa Levin]

    Madrigal Pharmaceuticals Inc (NASDAQ: MDGL) shares shot up 74 percent to $80.43 after the company disclosed that its MGL-3196 achieved primary endpoint in patients with biopsy-proven non-alcoholic steatohepatitis in Phase 2 clinical trial.

Top 10 Medical Stocks To Invest In 2018: Mastercard Incorporated(MA)

Advisors’ Opinion:

  • [By ]

    We’re confident that this year’s list is poised to perform just as our previous picks — which is no small feat. We’ve bagged winners like the 64.3% return from Mastercard (NYSE: MA), 44.3% from Intel (Nasdaq: INTC), 38.9% from Deere (NYSE: DE) and even 101.8% from Skyworks Solutions (Nasdaq: SWKS).

  • [By John Ballard]

    Partnerships play a crucial role in extending PayPal’s reach to new customers and driving higher engagement. The deal with Visa(NYSE:V) opened the door for partnerships with Mastercard(NYSE:MA), Citigroup(NYSE:C), and Fidelity National Information Services (NYSE:FIS). As a result, more deals will come that will increase PayPal’s relevancy and ubiquity in the mobile payment landscape.

  • [By David Zeiler]

    Ethereum has plenty of real-world catalysts driving it already:

    It’s become the foundation of the booming ICO phenomenon, through which cryptocurrency-based startups have raised millions of dollars in a matter of minutes. Most new tokens are either based on Ethereum and/or require users to buy the cryptocurrency with Ethereum. It’s Turing complete, which means the Ethereum network can function as a giant, global computer. That’s what makes Ethereum an ideal platform for applications like smart contracts. And it’s enabled the creation of a new kind of app, “Dapps,” or distributed applications that run on the network. Businesses are adopting it. The 150-plus companies in the Enterprise Ethereum Alliance include some of the world’s biggest and most prestigious corporations, such as JPMorgan Chase & Co. (NYSE:JPM), Microsoft Corp. (Nasdaq: MSFT), Mastercard Inc. (NYSE: MA), and Deloitte.

    Related: What’s the Best Cryptocurrency to Invest in Today?

  • [By Matthew Cochrane]

    With this mindset, it is no wonder that PayPal finished 2016 on a wave of deal-making momentum. In the past 12 months, PayPal completed agreements with a number of financial and tech companies including Alibaba Group Holding Ltd (NYSE: BABA), Citigroup Inc (NYSE: C), Facebook Inc (NASDAQ: FB), Mastercard Inc (NYSE: MA), Visa Inc (NYSE: V), and Vodafone Group Plc (NASDAQ: VOD).

Disney, General Electric Push DJIA Higher Tuesday

January 2, 2018: Markets opened higher Tuesday for the opening session of the new year. Tensions over events in North Korea and Iran were not reflected in the equity markets, with tech, healthcare, materials, and energy sectors putting up solid gains. Utilities and financials lagged. WTI crude oil for February delivery settled at $60.37 a barrel, down less than 0.1% for the day. February gold added 0.5% on the day to settle at $1,316.10 for an eighth consecutive winning session and the highest close in more than three months. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.34% for the day, the S&P 500 traded up 0.76%, and the Nasdaq Composite traded up 1.41%.

Bitcoin futures for January delivery traded at $15,165, up about 4.8%, on the CME after opening at $13,995 this morning. Only 701 contracts had been traded in the session and open interest is just 498.

The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was The Walt Disney Co. (NYSE: DIS) which traded up 3.88% at $111.68. The stock’s 52-week range is $96.20 to $116.10. Volume was less than 10% above the daily average of around 8.1 million shares. The company dominated the 2017 movie industry box office.

General Electric Co. (NYSE: GE) traded up 2.61% at $17.91. The stock’s 52-week range is $17.25 to $31.84. Volume was about 20% below the daily average of around 78 million. The company had no news but there have been plenty of stories about why GE stock is a good buy at this price level.

Chevron Corp. (NYSE: CVX) traded up 1.93% at $127.61. The stock’s 52-week range is $102.55 to $127.62 and the high was posted this afternoon. Volume was about 15% below the daily average of around 5 million shares. The company had no news.

Exxon Mobil Corp. (NYSE: XOM) traded up 1.63% at $85.00. The stock’s 52-week range is $76.05 to $91.34. Volume was about 15% below the daily average of around 9.3 million shares. The company had no specific news.

Of the Dow stocks, 21 are on track to close higher Tuesday and 9 are set to close lower.
ALSO READ: Top Merrill Lynch Stock Picks for the First Quarter of 2018

Disney, General Electric Push DJIA Higher Tuesday

January 2, 2018: Markets opened higher Tuesday for the opening session of the new year. Tensions over events in North Korea and Iran were not reflected in the equity markets, with tech, healthcare, materials, and energy sectors putting up solid gains. Utilities and financials lagged. WTI crude oil for February delivery settled at $60.37 a barrel, down less than 0.1% for the day. February gold added 0.5% on the day to settle at $1,316.10 for an eighth consecutive winning session and the highest close in more than three months. Equities were headed for a higher close shortly before the bell as the DJIA traded up 0.34% for the day, the S&P 500 traded up 0.76%, and the Nasdaq Composite traded up 1.41%.

Bitcoin futures for January delivery traded at $15,165, up about 4.8%, on the CME after opening at $13,995 this morning. Only 701 contracts had been traded in the session and open interest is just 498.

The DJIA stock posting the largest daily percentage gain ahead of the close Tuesday was The Walt Disney Co. (NYSE: DIS) which traded up 3.88% at $111.68. The stock’s 52-week range is $96.20 to $116.10. Volume was less than 10% above the daily average of around 8.1 million shares. The company dominated the 2017 movie industry box office.

General Electric Co. (NYSE: GE) traded up 2.61% at $17.91. The stock’s 52-week range is $17.25 to $31.84. Volume was about 20% below the daily average of around 78 million. The company had no news but there have been plenty of stories about why GE stock is a good buy at this price level.

Chevron Corp. (NYSE: CVX) traded up 1.93% at $127.61. The stock’s 52-week range is $102.55 to $127.62 and the high was posted this afternoon. Volume was about 15% below the daily average of around 5 million shares. The company had no news.

Exxon Mobil Corp. (NYSE: XOM) traded up 1.63% at $85.00. The stock’s 52-week range is $76.05 to $91.34. Volume was about 15% below the daily average of around 9.3 million shares. The company had no specific news.

Of the Dow stocks, 21 are on track to close higher Tuesday and 9 are set to close lower.
ALSO READ: Top Merrill Lynch Stock Picks for the First Quarter of 2018

3 Reasons Why We'll Never See Triple-Digit Oil Prices Again

In 1956, geologist M. King Hubbert came up with what seemed to be an accurate prediction of “peak oil”, a theory regarding the maxing out of U.S. oil production that goes back to 1919, using statistical modeling. Hubbert projected that U.S. oil production would peak between 1965 and 1971.

With the onset of the 1973 Arab Oil Embargo and ensuing energy crisis, Hubbert’s theory seemed dead on, mainly due to the United States’ dependence on imported oil increasing during the latter part of the 20th century. But here’s what really happened.

The red line shows Hubbert’s prediction. The green line represents actual U.S. oil production. Hubbert’s “Oilmageddon” never happened thanks to the shale revolution.

And the effect on the price of oil? We know that story from visiting the pumps.

The price of West Texas Intermediate crude (WTI) has declined nearly 62% in the last decade. Has demand dropped off? Hardly. But supply and the ability to efficiently manage the supply has changed dramatically.

Never say never, but the odds don’t favor the price of oil reaching triple digits any time soon, at least not in my lifetime — and I think I’ve got another 30 years in me. Here are three reasons why.

1. The American Oil Renaissance
Thanks to domestic hydraulic fracturing, or fracking, the United States has more or less become energy independent. In the largest shale drilling areas in the country, the Bakken, Eagle Ford, and Permian basins, production has grown more than 300% over the last decade from an average of around 391,000 barrels per day around 1.6 million barrels per day.

Based on data from the U.S. Energy Information Administration (EIA), the United States is currently the world leader in recoverable shale oil reserves, with approximately 78.2 billion barrels untapped. The shale gas picture is even larger, with a mind boggling 1.16 trillion cubic feet of recoverable reserves. Once dependent on oil from the volatile Persian Gulf, the United States has become a net exporter of oil and natural gas.

2. High Tech Low Cost
The first cell phone produced for consumer use in 1983 (think Gordon Gekko standing on the beach in Wall Street) cost right at $4,000. Today, a smartphone with functions light years ahead of the first phone costs just a fraction of that. The same has happened with oil drilling, especially fracking.

According to the Energy Policy Institute at the University of Chicago, as the price of oil declined from more than $100 per barrel in July 2014 to less than $30 a barrel in January 2016, the cost of drilling and completion services related to fracking also fell by more than 30%. This translates into greater profitability per well over time. The main reason for this occurrence was increased efficiency due to improved technology. One of the more notable advances in shale gas drilling was the shift from vertical, single-well drilling to multiple-pad, horizontal drilling. This has enabled producers to get more bang for their buck and increase efficiency.

3. The Alternatives
According to the EIA, 19.35% of all generated power in the United States is produced by renewable energy sources (wind, solar, biomass, geothermal, and hydropower). The rate of renewable energy utilization grew 9.7% over 2016. What’s more, renewable usage has effectively doubled over the past seven years. According to the EIA’s methodology, the United States is actually 40 years AHEAD of schedule in adopting renewable energy as a power generation source.

What does this mean for the price of oil? As newer, cheaper technologies proliferate in the market, the price of black gold will remain range bound at first, eventually drifting lower based on the enormous, available supply.

Action To Take: Going forward, huge, integrated oil companies like Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) will need to figure out how to evolve in an environment where the price of their primary product remains flat, perhaps for decades. This will translate into flat profits and, perhaps, skinnier dividends. Currently, both stocks trade at 20-plus forward price-to-earnings ratios (PEs), much higher than their attractive historical norms. While the market has bid up these stocks, the higher multiples indicate lower-than-anticipated earnings per share (EPS).

In the near term, the most practical energy exposure for prudent investors would be fairly valued, plain vanilla pipeline and storage master limited partnerships (MLPs). Typically, these will throw off well-above-average income, which will compensate investors for their risk for the time being.

Editor’s Note: Sustainable energy is not cheap. In fact, it’s the most expensive component in an electric car. But Tesla founder Elon Musk is determined not only to make it affordable worldwide… but to also get even wealthier from this “sunshine in a box” technology as it applies to your home. Folks who get in on this huge $1.3 trillion opportunity have the potential to profit 10X over… Full details here…